FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR- 14085
1.07ratio
FMR$1,490
Market$1,390
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.07
2 BR
2 BR- 14085
1.04ratio
FMR$1,750
Market$1,680
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR- 14085
1.08ratio
FMR$2,140
Market$1,990
vs market+$150
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 14085
1.13ratio
FMR$2,430
Market$2,150
vs market+$280
FMR is above market; underwrite to market rent.
1.13
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Lake View, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lake View, NY is $1,750 a month. That is down 9.8% from $1,940 in FY 2026. Lake View is in the Buffalo-Cheektowaga, NY MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in New York is $1,385, so Lake View is 26% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lake View, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,600
$1,440
−10.0%
$1,296–$1,584
1BR
$1,650
$1,490
−9.7%
$1,341–$1,639
2BR
$1,940
$1,750
−9.8%
$1,575–$1,925
3BR
$2,370
$2,140
−9.7%
$1,926–$2,354
4BR
$2,700
$2,430
−10.0%
$2,187–$2,673
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lake View, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,440
$1,490
$1,750
$2,140
$2,430
FY 2026
$1,600
$1,650
$1,940
$2,370
$2,700
FY 2025
$1,310
$1,350
$1,590
$1,940
$2,200
FY 2024
$1,210
$1,260
$1,480
$1,810
$2,040
FY 2023
$1,080
$1,130
$1,330
$1,630
$1,830
Questions about Lake View, NY rents
How much will Section 8 pay for a two-bedroom in Lake View, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,750, that basic range is $1,575 to $1,925 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Lake View, NY in?
Lake View, NY is in the Buffalo-Cheektowaga, NY MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Lake View, NY for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,940 in FY 2026 to $1,750 in FY 2027. Since FY 2023 it has risen 31.6%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set